This 7.9%-Yielding Dividend Stock Is Working to Ensure It Has Plenty of Fuel to Continue Growing Its Payout in the Decades Ahead
ENBEnbridge(ENB) The Motley Fool·2024-02-15 20:20

Enbridge (ENB -2.52%) can see the writing on the proverbial wall. It knows that the world needs to wean itself from its addiction to fossil fuels and switch to cleaner alternatives. That has led the Canadian pipeline and utility giant to steadily pivot its business toward lower-carbon energy. The company's investments in lower-carbon energy will help grow and sustain its cash flows so that it can continue increasing its high-yielding dividend (currently yielding 7.9%). The company made lots of progress on i ...